OK Cash (OK) is Correcting but Higher Highs Expected

in #bitcoin7 years ago

SUMMARY

Below is the updated chart for OK/USD and if the current consolidation is an a,b,c,d,e triangle, then further upsides can be expected. The waves a,b,c seem complete and once d and e are as well, price needs to then break above the upper white line of the triangle and start impulsing up.

The OK/BTC has very similar pattern. It too is undergoing a triangle based consolidation and price is expected to breach out and above for higher highs!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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The whole space is exploding!

thanks man for your hard work. i have some questions if you dont mind?

I have it under radar for a few weeks and now with this cool technical analysis I'm going in. It has proper amount of coins and a good name

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